Carlton Fields is pleased to share its 11th annual Class Action Survey, which provides an overview of important issues and practices related to class action matters and management. This annual publication reports on historical trends captured since the inception of the survey and includes information related to emerging issues in class action litigation.
Class action spending has increased for seven consecutive years, and it is expected to continue to rise in 2022. Companies with class actions are seeing increases in the number of class actions they face at a given time. The current portfolio reveals the highest number of both ongoing matters and total matters since the inception of this survey 11 years ago.
The 2022 Carlton Fields Class Action Survey is based on interviews with general counsel or senior legal officers at more than 400 Fortune 1000 and other large companies across a variety of industries. They shared their thoughts about class action exposure and best practices for class action management.
Defense Spending on Class Actions Heads Up for the Seventh Straight Year — Hits New Record
Companies are spending more upfront, face record caseloads, and are keeping in-house attorneys at the same levels as last year. This translates into increased spending to assess and defend class action matters.
Labor and Employment Tops All Class Actions Companies Face
COVID-19 is seen as causing increased labor and employment claims — especially wage and hour, discrimination, and...
Read Full Story:
https://www.jdsupra.com/legalnews/record-class-action-caseloads-impacts-9489006/